Crypto Skull Signal
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$PEOPLE /USDT
🔸 Bullish Falling Wedge Formation:
The chart reveals a classic falling wedge, a potential bullish reversal indicator.
🔸 Key Support Zone at $0.032:
The lower trendline aligns with this critical support level. A price bounce is likely from this area.
🔸 Trigger for Entry:
Monitor for a bullish candlestick pattern around the support zone. Confirmation of strength here can signal a good long entry point.
🔸 Targeting $0.07:
With the wedge breakout, the price could rally toward $0.07, providing a strong upside potential.
🔸 Action Plan:
Keep a close watch on price action near the lower trendline. Wait for confirmation before entering the trade.
🔸 Bullish Falling Wedge Formation:
The chart reveals a classic falling wedge, a potential bullish reversal indicator.
🔸 Key Support Zone at $0.032:
The lower trendline aligns with this critical support level. A price bounce is likely from this area.
🔸 Trigger for Entry:
Monitor for a bullish candlestick pattern around the support zone. Confirmation of strength here can signal a good long entry point.
🔸 Targeting $0.07:
With the wedge breakout, the price could rally toward $0.07, providing a strong upside potential.
🔸 Action Plan:
Keep a close watch on price action near the lower trendline. Wait for confirmation before entering the trade.
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